Once you have logged into Trustworks, click Assets and Liabilities. Left click on "I would like to ..." which is located on the right of the screen. Under "Other Transactions" select "Advance loan"
This page follows "Add a loan advance", click here for further details
Before you 'Advance Loan' to a person you need the following
- Add a new bank account, click here to setup a new account. Here you will need to setup both a 'Bank Loan' and 'Transaction Account'
If you do not have any bank account setup in Trustworks you will get the following error.
Advance some money
Advance to which account? In this example we have selected "Loan to Bobby Jones"
How much is being advanced? Enter the loan amount. e.g $35000
Coming from into? Select the account for payment
Date of advance? Select the date
Any additional details
Account transactions - Loans / Gifting
Reports - Loan Advances
This page precedes "Recover loan", click here for the details to Recover loan.